Washateria Established 25 Years
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $84000
Net Profit / Cash Flow $29556
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1984
Number of Employees 1 - 3
Inventory 80000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Retirement.
Description Excellent location in SW area facing busy intersection with high visibility to attract the public. Surrounded by apartment complexes. Business has 28 Wascomat washers and 19 American Computer Dryers. 30% of the machines were purchased approximately 6 years ago, 70% have been rebuilt since the owner took over the business in 2000. To maximize the income, buyer needs to extend operating hours, add dry-cleaning pick-up station and acquire more commercial accounts. Wash N Fold services are available here. Seller is willing to train new Buyer how to maintain and repair the machines, alsowill repair all machines in 3 months w/o the labor cost after closing. Seller financing available to qualified Buyer. Please refer to CBB Listing #7057HP for more information on this Washateria for sale.
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